---
schema_version: "secwatch.filing_event.v1"
accession: "0001049606-24-000009"
form_type: "8-K"
ticker: "CIX"
cik: "0001049606"
company_name: "COMPX INTERNATIONAL INC"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T15:42:47.462090+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CompX Q1 2024 sales $38M (-7.8% YoY); net income $3.7M ($0.31 EPS) vs $6.1M ($0.49) in Q1 2023

## Summary
- Net sales of $38.0M, down from $41.2M in Q1 2023, driven by lower Marine Components sales to towboat market.
- Operating income fell to $3.7M from $7.0M, primarily due to lower Marine Components sales and gross margin.
- Net income of $3.7M ($0.31 per share) vs $6.1M ($0.49 per share) in Q1 2023, a 39% decline.
- Security Products segment sales increased, partially offsetting the Marine Components decline.
- Company employs ~540 people and operates three U.S. manufacturing locations.

## SEC filing metadata
- accession: 0001049606-24-000009
- form_type: 8-K
- ticker: CIX
- cik: 0001049606
- company_name: COMPX INTERNATIONAL INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1049606/000104960624000009/0001049606-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1049606/000104960624000009/cix-20240507x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001049606-24-000009
- JSON: https://secwatch.observer/filing/0001049606-24-000009.json
- Plain text: https://secwatch.observer/filing/0001049606-24-000009.txt

## Key facts
- Earnings Releases
  COMPX INTERNATIONAL INC reported the first quarter of 2024 results: revenue $38.0 million, net income $3.7 million, EPS $.31 per basic and diluted common share.
  - Period: the first quarter of 2024
  - Revenue: $38.0 million
  - Net income: $3.7 million
  - EPS: $.31 per basic and diluted common share
  - Result: reported results
  source text: CompX International Inc. (NYSE American: CIX) announced today sales of $38.0 million for the first quarter of 2024 compared to $41.2 million in the same period of 2023. Operating income was $3.7 million in the first quarter of 2024 compared to $7.0 million in the same period of 2023. Net income was $3.7 million, or $.31 per basic and diluted common share, for the first quarter of 2024 compared to $6.1 million, or $.49 per basic and diluted common share, in the same period of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1049606/000104960624000009/0001049606-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.